AM/FM Stereo Compact Disc, MP3/WMA Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 6 Speakers, Diversity Antenna, Satellite Roof Mounted Fin Antenna
Premium JBL Audio, AM/FM Stereo, 4-Disc CD Changer, MP3/WMA Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 9 Speakers, Diversity Antenna, Satellite Roof Mounted Fin Antenna
AM/FM Stereo Compact Disc, MP3/WMA Audio Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 6 Speakers, Satellite Roof Mounted Fin Antenna
JBL Audio, 4-Disc CD Changer, MP3/WMA Capability, Auxiliary Input Jack, USB Audio Input, Bluetooth Capability, Integrated XM Satellite Radio, 9 Speakers, Satellite Roof Mounted Fin Antenna
Keyless Entry
Power Rear Door with Jam Protection
Keyless Entry with Hatch Release, Power Rear Door with Jam Protection
Smart Key System, Push Button Start
Power Door Locks
Voice-activated DVD Navigation System
3.5-inch Multi Information Display
Backup Camera
Backup Camera in Navigation Display
Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge
Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge, Outside Temperature Gauge, 3.5-inch Multi Information Display
Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge, Outside Temperature Gauge, 3.5-inch Multi Information Display, Kilowatt Power Meter
Cruise Control
Dual Vanity Mirrors, Conversation Mirror
Electro chromic Rear View Mirror with Digital Compass, Dual Vanity Mirrors, Conversation Mirror
Total cost of loan over 48 months = $25, 786, 642.00
Letter for Loan
Feb. 16th, 2011
RE: Bank loan
Dear Scotia bank,
My name. I am writing to you to apply for a loan to buy a car that costs $43, 890 with. I would like to take out a $45, 000 dollar loan, which would be paid by 1 payment of $1000 dollars a month for 4 years (plus interest).
I am a young woman who loves to have fun and play, but who also loves to learn. Having a car is sometimes essential to this, as I need to drive or be driven to school or work. I am also very active, and to be driven to all of my activities I need a car. I have looked at several cars and decided on this car (the Toyota Highlander) because it meets all of my expectations and has lots of room in it for all of my stuff. I think that getting this car will be a huge step forward for me in transportation and activities.
I will be awaiting your reply to my letter. If you need to contact me prior to this, you can contact me either by phone or by email at
Thank you for your time in considering my application.
Vehicle Assignment - Spreadsheet #1
CAR 1
Make – Ford
Model – Mustang
Year – 1994
Cost – $7, 995
Total cost (+ taxes) – $8, 394.75
Standard features –
Optional features –
· AM/FM Radio
· Air Conditioning
· Anti-Lock Brakes (ABS)
· CD Player
· Cruise Control
· Power Locks
· Power Mirrors
· Power Seats
· Power Steering
· Power Windows
· Spoiler
· Sunroof / Moon roof
· Tilt / Telescopic Wheel
Criteria list rating – 7/10
CAR 2
Make – Ford
Model – Focus
Year – 2007
Cost – $11, 995
Total cost (+ taxes) – $12, 594
Standard features –
Optional features –
· Air Conditioning
· Alloy Wheels
· Cruise Control
· Heated seats
· Power Locks
· Power Mirrors
· Power Steering
· Power Windows
· Remote Keyless Entry
· Sunroof / Moon roof
· Tilt / Telescopic Wheel
Criteria list rating – 7/10
CAR 3
Make – Toyota
Model – Prius
Year – 2011
Cost – $27, 800
Total cost (+ taxes) – $30, 580
Standard features –
Optional features –
Criteria list rating – 6/10
CAR 4
Make – Toyota
Model – Highlander
Year – 2011
Cost – (Sport package) $39, 900
Total cost (+ taxes) – $43, 890
Standard features –
· Air Conditioning, Cabin Air Filter, Rear Seat Heater Ducts, 3-Zone Independent Manual Climate Control
Optional features –
Criteria list rating – 9/10
Criteria List
References –
http://autocatch.com/used-cars/1994~ford~mustang~405788.htm car 1
http://autocatch.com/used-cars/2007~ford~focus~498367.htm car 2
http://www.toyota.ca/ car 3 & 4
http://www.autoenthusiast.ca/wp-content/photos/2006_toyota_prius.jpg Picture
SPREADSHEET #2
Vehicle – Ford Mustang
Cost – $8, 394.75
Number of payments that I am planning to make – 1 payment per month for 12 months
Annual interest rate – 8.34%
Length of loan – 12 months
Total monthly cost – $700 + $58 = $758
Total interest paid – $700
Total cost of loan over 12 months = $9,096.00
Vehicle – Ford Focus
Cost – $12, 594
Number of payments that I am planning to make – 1 payment per month for 2 years. Annual interest rate – 8.34%
Length of loan – 24 months
Total monthly cost – $151, 007 + $6, 291 = $157, 298
Total interest paid – $151, 007
Total cost of loan over 24 months = $3, 775.00
Vehicle – Toyota Prius
Cost – $30, 580
Number of payments that I am planning to make – 1 payment per month for 12 months
Annual interest rate – 8.34%
Length of loan – 1 year
Total monthly cost – $366, 666 + $30, 555 = $397, 221
Total interest paid – $366, 666
Total cost of loan over 12 months = $4, 766, 658
Vehicle – Toyota Highlander
Cost – $43, 890
Number of payments that I am planning to make – 1 payment a month for 4 years
Annual interest rate – 8.34%
Length of loan – 4 years
Total monthly cost – $526, 258 + $10, 963 = $537, 221
Total interest paid – $526, 258
Total cost of loan over 48 months = $25, 786, 642.00
Letter for Loan
Feb. 16th, 2011
RE: Bank loan
Dear Scotia bank,
My name. I am writing to you to apply for a loan to buy a car that costs $43, 890 with. I would like to take out a $45, 000 dollar loan, which would be paid by 1 payment of $1000 dollars a month for 4 years (plus interest).
I am a young woman who loves to have fun and play, but who also loves to learn. Having a car is sometimes essential to this, as I need to drive or be driven to school or work. I am also very active, and to be driven to all of my activities I need a car. I have looked at several cars and decided on this car (the Toyota Highlander) because it meets all of my expectations and has lots of room in it for all of my stuff. I think that getting this car will be a huge step forward for me in transportation and activities.
I will be awaiting your reply to my letter. If you need to contact me prior to this, you can contact me either by phone or by email at
Thank you for your time in considering my application.
Sincerely,